R|T: The Retail Times – Affirmed partnerships
Plus: Mexican unicorn gets $810M in debt financing.
Retail
Shopify reemphasizes brick-and-mortar with new mobile POS hardware
Shopify says offline retail is ”all the way back.”
Amazon, Square launch buy now, pay later options in Canada
Amazon, Square join growing number of BNPL solutions in Canada.
R|T: The Retail Times – Shopify looks to recruit, retain talent with new employee comp
Plus: SkipTheDishes cuts staff.
D2C travel lifestyle brand Monos closes $40.2 million CAD Series B round
After recording no revenue when the pandemic hit, Monos quickly pivoted to sterilization.
Shopify rolls out new employee compensation system to recruit, retain talent amid stock slump
Flex Comp took effect September 1, following a delay Shopify attributed to regulatory considerations.
R|T: The Retail Times – Shopify swaps key execs amid financial downturn
Plus: Microsoft invests in Travis Kalanick’s CloudKitchens startup.
SkipTheDishes lays off 350 employees following global workforce review by parent company Just Eat
Just Eat cited the need to ensure sustainable growth.
Shopify swaps CFO, COO amid financial downturn
CFO to exit following third quarter earnings report.
R|T: The Retail Times – Shopify to contest $40 million patent infringement verdict
Plus: Shopify warns merchants against using Amazon’s ‘Buy With Prime’ service.
Shopify plans to contest $40 million Express Mobile patent infringement verdict
Express Mobile has also sued Google, Meta, and Amazon for infringing its patents.
R|T: The Retail Times – Apple faces likelihood for DOJ lawsuit
Plus: Top Amazon seller Packable begins liquidating, job cuts after failed SPAC attempt.
Jombone closes $3.3 million to modernize the blue-collar staffing industry
Jombone aims to offer businesses an alternative to incumbent staffing agencies.
R|T: The Retail Times – Shopify collabs with creators and Gorgias
Plus: Wayfair and Apple make more layoffs, Zellers is resurrected.
Myplanet raises $14 million CAD to become leader in emerging ‘composable commerce’ market
Myplanet’s customers include New Balance, Harry Rosen, Telus.